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re: How do you help financially ignorant people?
Posted on 4/20/15 at 11:22 am to Salmon
Posted on 4/20/15 at 11:22 am to Salmon
Any of them having a bday coming up? Maybe ask the BIL if you could give them a little money in their 529s in addition to bday presents? Not much, but just an offer to start a conversation about it. If he doesn't have a clue what a 529 is, the its the perfect opportunity to tell him about it. 
1
Posted on 4/20/15 at 11:27 am to kennypowers816
quote:
Any of them having a bday coming up? Maybe ask the BIL if you could give them a little money in their 529s in addition to bday presents? Not much, but just an offer to start a conversation about it. If he doesn't have a clue what a 529 is, the its the perfect opportunity to tell him about it.
That's a great idea...or go all the way and offer to set it up and put the initial funds in it. But if those kids are still small and those envelopes each contain $5K, I wouldn't worry too much about the college funds.
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